Wednesday, March 13, 2013 2:16:49 PM America/New_York

Ten Thousand Villages has once again been recognized by the Ethisphere Institute as one of the World’s Most Ethical Companies. This recognition marks the sixth consecutive year that Ten Thousand Villages was named to the list as an ethical leader in the specialty retail category.

“We are truly honored to once again be recognized as one of the World’s Most Ethical Companies,” said Ten Thousand Villages Chief Executive Officer, Pam Raffensberger. “Our commitment to creating opportunities for artisans through long-term fair trading relationships guides our work each day. A natural part of that work is a commitment to transparency with our stakeholders and environmental responsibility. We are humbled that Ethisphere Institute recognizes our work as setting the standard for specialty retailers.”

Through in-depth research and a multi-step analysis, Ethisphere reviewed nominations from companies in more than 100 countries and 36 industries. The methodology for the World’s Most Ethical Companies includes reviewing codes of ethics, litigation and regulatory infraction histories; evaluating the investment in innovation and sustainable business practices; looking at activities designed to improve corporate citizenship; and studying nominations from senior executives, industry peers, suppliers and customers.